Oh to be a Hibs fan

[jonnothejambo]

14 hours ago, Rudy T said:

 

They were definitely the first Edinburgh team to get horsed 5-1 in a Scottish Cup final by their City rivals!

 

[gjcc]

2 minutes ago, Coburg Hearts said:

The phrase "Cloud cuckoo land" comes to mind.

 

Am I right to assume that given the fact HSL own shares, the “nearly” million pounds raised so far had already been paid to purchasing shares from Farmer? So will not have any tangible knock on  impact on the player budget. All it did was allow Farmer to recoup nearly a million of his losses from fans before skipping into the night. 

[Coburg Hearts]

4 minutes ago, gjcc said:

 

Am I right to assume that given the fact HSL own shares, the “nearly” million pounds raised so far had already been paid to purchasing shares from Farmer? So will not have any tangible knock on  impact on the player budget. All it did was allow Farmer to recoup nearly a million of his losses from fans before skipping into the night. 

Just checked up and the guy admits his mistake. Not the brightest, I'm afraid. 😉

 

Got it now, it's only £50k outstanding. That makes sense, I'm not sure why I thought £800k from, my bad.

[gjcc]

1 minute ago, Coburg Hearts said:

Just checked up and the guy admits his mistake. Not the brightest, I'm afraid. 😉

 

Got it now, it's only £50k outstanding. That makes sense, I'm not sure why I thought £800k from, my bad.

 

I envisage the reply:

 

“It’s alright son, we all make mistakes. Enjoy the minority shareholding. #Ponyup 

 

Posted by Tam. F. Via tapatalk from his fan funded yacht in the Caribbean. “

[Coburg Hearts]

10 minutes ago, gjcc said:

 

I envisage the reply:

 

“It’s alright son, we all make mistakes. Enjoy the minority shareholding. #Ponyup 

 

Posted by Tam. F. Via tapatalk from his fan funded yacht in the Caribbean. “

Sir Tam was good with sayings............You can't get quicker than a .................hibs fan leaving Hampden after the fourth goal went in.

[AJAMBO]

35 minutes ago, gjcc said:

 

Am I right to assume that given the fact HSL own shares, the “nearly” million pounds raised so far had already been paid to purchasing shares from Farmer? So will not have any tangible knock on  impact on the player budget. All it did was allow Farmer to recoup nearly a million of his losses from fans before skipping into the night. 

 

It's real bad when honest money is lost so easily what a mess. They do seem to be facing major upheavals do you think they going to hit the skids with the do Ron Ron ron running over the roadie while doing the beep beep  

[AJAMBO]

They woke up this morning and the money was gone. The do Ron Ron Ron the do one ron

3 minutes ago, AJAMBO said:

 

It's real bad when honest money is lost so easily what a mess. They do seem to be facing major upheavals do you think they going to hit the skids with the do Ron Ron ron running over the roadie while doing the beep beep  

 

[Footballfirst]

1 hour ago, Coburg Hearts said:

They seem to be very confused about their ponzi scheme, but to be fair I have included the reply from the head honcho of the scheme. It would be interesting to get @Footballfirst's thoughts on the reply, but I guess it's a case of wait and see.

 

In January 2015, STF had agreed to issue new shares in the club to HSL and individual fans in order to raise £2.5m for the club. The new shares would also dilute his holding (through HFC Holdings) from 98% to 49%.

 

Prior to the Ron Gordon takeover, HSL had invested £770k in the club to acquire shares.As a result of the takeover they were diluted from 18.8% to their current 15.4%. Other share purchases by individual fans and other groups took the total raised to £1.6m of the intended £2.5m 

 

At the start of the scheme, the club had indicated that all new funds raised would go to the player budget, i.e. wages and transfers. In addition, HSL would also get a seat on the Board once they reached 20%.

 

I guess it is difficult to say exactly where the new funds went. It is likely that the money found its way into the club's working capital pot and was used for general purposes, of which increased spending on the player budget would be a significant part. I don't believe there is any evidence to suggest that the new funds were diverted elsewhere.

 

There are no longer any free shares to be allotted, so it is difficult to see how HSL can raise their holding much above the 15.4%, short of having shares gifted to them or purchasing them from other shareholders (with the money not going into the club).  There may be a possibility of acquiring shares from the 18 x "nominee" shareholders (9.9%).

 

As far as I'm aware, HSL is still collecting direct debits from their members, but I haven't seen anything confirming how those funds will be used in the future. I believe that meetings have been held but I don't know what decisions have been made about the future donations or HSL's continued role.

Edited August 24, 2019 by Footballfirst

[Coburg Hearts]

12 minutes ago, Footballfirst said:

 

In January 2015, STF had agreed to issue new shares in the club to HSL and individual fans in order to raise £2.5m for the club. The new shares would also dilute his holding (through HFC Holdings) from 98% to 49%.

 

Prior to the Ron Gordon takeover, HSL had invested £770k in the club to acquire shares.As a result of the takeover they were diluted from 18.8% to their current 15.4%. Other share purchases by individual fans and other groups took the total raised to £1.6m of the intended £2.5m 

 

At the start of the scheme, the club had indicated that all new funds raised would go to the player budget, i.e. wages and transfers. In addition, HSL would also get a seat on the Board once they reached 20%.

 

I guess it is difficult to say exactly where the new funds went. It is likely that the money found its way into the club's working capital pot and was used for general purposes, of which increased spending on the player budget would be a significant part. I don't believe there is any evidence to suggest that the new funds were diverted elsewhere.

 

There are no longer any free shares to be allotted, so it is difficult to see how HSL can raise their holding much above the 15.4%, short of having shares gifted to them or purchasing them from other shareholders (with the money not going into the club).  There may be a possibility of acquiring shares from the 18 x "nominee" shareholders (9.9%).

 

As far as I'm aware, HSL is still collecting direct debits from their members, but I haven't seen anything confirming how those funds will be used in the future. I believe that meetings have been held but I don't know what decisions have been made about the future donations or HSL's continued role.

Thanks, FF, you can't get much more of an explanation than that. The Head of HSL says it will be very difficult, but not impossible, to get the required share percentage that would let them veto anything that they think might be harmful to the club.

I would love to know who the nominee's are, but would be surprised if Farmer or Petrie, or their friends, were not involved in some way. Interesting times ahead.

[RobNox]

1 hour ago, gjcc said:

 

Am I right to assume that given the fact HSL own shares, the “nearly” million pounds raised so far had already been paid to purchasing shares from Farmer? So will not have any tangible knock on  impact on the player budget. All it did was allow Farmer to recoup nearly a million of his losses from fans before skipping into the night. 

 

From fuds.net...

 

HSL have been contributing monthly to the club since 2014. Up until Ron Gordon's take over the funds were contributed in exchange for shares, with all money going to the playing budget. Hibernian Supporters Ltd owns around 15% of the club on behalf of its members at the moment.

Since RG's takeover he has stated there are no more shares to be bought, ie the previous arrangement with Sir Tom Farmer is no longer in existence. The funds which have been donated to Hibernian Supporters since the takeover and statement re shares (around £50k) has been held by Hibernian Supporters until the members have voted on what they want to happen with the money.

 

 

So, the HSL money has been spent on the playing budget and in 5 years since the scheme started they have amassed a whopping 15% of the shares, against a target of 25.1%, which they will never reach cos old Ron has put a stop to STF's scheme to ensure he retains a controlling interest  

 

Meanwhile, none of the FOH funds have been spent on players, we've contributed £3m towards the new stand, currently hold c 37.5% of the shares and before this season ends will hold 75.1% (effectively controlling the club).  Then of course we'll have the tricky problem of deciding how to spend the spare £1.5m coming in from FOH every year.

 

Hopefully we'll see a big chunk of the extra cash used towards further developing the wummin's team.

 

 

[Gav M]

Is it just me or does that reply from the guy that runs hsl completely avoid the point about funds from hsl going to the player budget being offset by the club diverting the same amount from themselves elsewhere? Completely nullifying any benefit to the 1st team of any funds provided by hsl?

[Rudy T]

22 minutes ago, Coburg Hearts said:

Thanks, FF, you can't get much more of an explanation than that. The Head of HSL says it will be very difficult, but not impossible, to get the required share percentage that would let them veto anything that they think might be harmful to the club.

I would love to know who the nominee's are, but would be surprised if Farmer or Petrie, or their friends, were not involved in some way. Interesting times ahead.

 

To further strip that back Leanne Dempster sits on both boards, club and HSL, now think of it this way... if there was no requirement to increase the shareholding ie. to block one person having control enabling that one person to do as he wished would Leanne Dempster not have dampened those fears?

 

In other words Ron the Con has them by the short and curlies and Leanne has had a wee quiet word with HSL and told them to get their finger out before Cala and Tesco’s move in!

[Marvin]

13 minutes ago, RobNox said:

 

From fuds.net...

Since RG's takeover he has stated there are no more shares to be bought, ie the previous arrangement with Sir Tom Farmer is no longer in existence. The funds which have been donated to Hibernian Supporters since the takeover and statement re shares (around £50k) has been held by Hibernian Supporters until the members have voted on what they want to happen with the money.

 

 

 

 

 

Why don't they pay back the public purse the money stolen in fraudulent benefit payments.

 

 

[Le Chat]

4 hours ago, sadj said:

 

Superb 👏🏻👏🏻👏🏻👏🏻

 

So 5th Scottish team to be invited to play in Europe first to accept , 5th Scottish team to install floodlights... 1st Scottish team to lose 5-1 to their maroon overlords?👌🏻

 

[Gilberts Fridge]

I know I sound like a stuck record but Leanne Dempster's ( and Stephen Dunn's) potential conflict of interest between being a current director of Hibernian Supporters Limited and a current director of The Hibernian Football Club Limited seems to be swept under the carpet. HSL's objective is to:

 

To raise funds to acquire shares in Hibernian Football Club, and

To hold those shares for the benefit of all supporters and the community.

 

As a director of HSL, she has a duty to act in the best interests of the company however she also has an equivalent duty to work in the best interests of The HFC, whose person with significant control has publicly stated that there are no more shares for sale. Given the fact that the takeover came as a surprise to HSL and that there has been no clear statement from either HSL or the club, it would appear that he is not interested in them. 

 

It could be argued that all HSL achieved was making HFC more attractive to a buyer allowing Sir Tom to get out. The current comms from HSL scream of, please Ron let us give you some money but we will get nothing back. At some stage he will accept and the HSL money will either let him reduce his day to day subsidy of the club or build its value. Currently it would appear that HSL did not and in the future will not have any benefit to the ordinary fan and preventing HFC from being sold on, asset striped or anything else.

 

If they had any sense, HSL should change to being an organisation to raise funds to be held in trust until they are in a position of strength with regards to purchasing shares in the club 

 

[Boof]

41 minutes ago, Gilberts Fridge said:

 

If they had any sense,  

 

 

Just spotted the condition where your scenario goes tits up

[Coburg Hearts]

51 minutes ago, Gilberts Fridge said:

I know I sound like a stuck record but Leanne Dempster's ( and Stephen Dunn's) potential conflict of interest between being a current director of Hibernian Supporters Limited and a current director of The Hibernian Football Club Limited seems to be swept under the carpet. HSL's objective is to:

 

To raise funds to acquire shares in Hibernian Football Club, and

To hold those shares for the benefit of all supporters and the community.

 

As a director of HSL, she has a duty to act in the best interests of the company however she also has an equivalent duty to work in the best interests of The HFC, whose person with significant control has publicly stated that there are no more shares for sale. Given the fact that the takeover came as a surprise to HSL and that there has been no clear statement from either HSL or the club, it would appear that he is not interested in them. 

 

It could be argued that all HSL achieved was making HFC more attractive to a buyer allowing Sir Tom to get out. The current comms from HSL scream of, please Ron let us give you some money but we will get nothing back. At some stage he will accept and the HSL money will either let him reduce his day to day subsidy of the club or build its value. Currently it would appear that HSL did not and in the future will not have any benefit to the ordinary fan and preventing HFC from being sold on, asset striped or anything else.

 

If they had any sense, HSL should change to being an organisation to raise funds to be held in trust until they are in a position of strength with regards to purchasing shares in the club 

 

I like this assessment very much. 

[Deevers]

1 hour ago, Gilberts Fridge said:

I know I sound like a stuck record but Leanne Dempster's ( and Stephen Dunn's) potential conflict of interest between being a current director of Hibernian Supporters Limited and a current director of The Hibernian Football Club Limited seems to be swept under the carpet. HSL's objective is to:

 

To raise funds to acquire shares in Hibernian Football Club, and

To hold those shares for the benefit of all supporters and the community.

 

As a director of HSL, she has a duty to act in the best interests of the company however she also has an equivalent duty to work in the best interests of The HFC, whose person with significant control has publicly stated that there are no more shares for sale. Given the fact that the takeover came as a surprise to HSL and that there has been no clear statement from either HSL or the club, it would appear that he is not interested in them. 

 

It could be argued that all HSL achieved was making HFC more attractive to a buyer allowing Sir Tom to get out. The current comms from HSL scream of, please Ron let us give you some money but we will get nothing back. At some stage he will accept and the HSL money will either let him reduce his day to day subsidy of the club or build its value. Currently it would appear that HSL did not and in the future will not have any benefit to the ordinary fan and preventing HFC from being sold on, asset striped or anything else.

 

If they had any sense, HSL should change to being an organisation to raise funds to be held in trust until they are in a position of strength with regards to purchasing shares in the club 

 

Spot on. The old adage about fools and their money rings true here.

[NaturalOrder74]

Hibs’d it in the last minute again hahahaha 

[Jambof3tornado]

94th minute and they convert 3 points into 1.

 

Bravo

[jambostuart]

1 hour ago, Gilberts Fridge said:

I know I sound like a stuck record but Leanne Dempster's ( and Stephen Dunn's) potential conflict of interest between being a current director of Hibernian Supporters Limited and a current director of The Hibernian Football Club Limited seems to be swept under the carpet. HSL's objective is to:

 

To raise funds to acquire shares in Hibernian Football Club, and

To hold those shares for the benefit of all supporters and the community.

 

As a director of HSL, she has a duty to act in the best interests of the company however she also has an equivalent duty to work in the best interests of The HFC, whose person with significant control has publicly stated that there are no more shares for sale. Given the fact that the takeover came as a surprise to HSL and that there has been no clear statement from either HSL or the club, it would appear that he is not interested in them. 

 

It could be argued that all HSL achieved was making HFC more attractive to a buyer allowing Sir Tom to get out. The current comms from HSL scream of, please Ron let us give you some money but we will get nothing back. At some stage he will accept and the HSL money will either let him reduce his day to day subsidy of the club or build its value. Currently it would appear that HSL did not and in the future will not have any benefit to the ordinary fan and preventing HFC from being sold on, asset striped or anything else.

 

If they had any sense, HSL should change to being an organisation to raise funds to be held in trust until they are in a position of strength with regards to purchasing shares in the club 

 

 

The fact these questions have not been directly asked of her regarding the takeover and her conflicting roles is astounding. 

 

[Whatever]

6 minutes ago, Jambof3tornado said:

94th minute and they convert 3 points into 1.

 

Bravo

 

Good enough for the Vermin filth.

[been here before]

Just a few from the last page of their match thread...

 

 

Willis1875 03:58 PM Today 

We need to get shot pronto, too many goals are being conceded and nobody looks like they are enjoying it out there. Brutal

 

 

HIBERNIAN-0762 03:58 PM Today 

Disgraceful performance and the players look totally knackered. Heck out before it gets any worse, clearly a manager that simply doesn't know what he's doing.

 

 

TheReg! 04:00 PM Today

Originally Posted by The Harp Awakes:
Think it will be sooner. Shocking subs. Don't think he's got a clue. Out of his depth.

I think he does have a clue but he just doesn’t fit Hibs unfortunately, I’ll give it till the end of Sep.

 

Squirrel 1875 04:00 PM Today

It just keeps getting better. Another awful performance where an average St Johnstone side has pinned us back for the majority of the game. Heckingbottom’s tactical change midway through the second half has to have been the most bizarre thing I’ve seen, unbelievably brutal. 

If this is what we have to put up with this season, then it really is going to be unbearably long. I still can’t believe some people out there are actually still feeling positive about this clown.

 

Squirrel 1875 04:00 PM Today

Originally Posted by Speedway:
A manager has to galvanise the fans and get them on side.

W 1 D 1 L 1 with insipid performances in all games is not the way to do it.

10 points out of his last 30 available. Relegation form.

 

"Heckys at the wheel...."

 

 

 

 

 

 

 

 

[AJAMBO]

2 hours ago, Marvin said:

 

Why don't they pay back the public purse the money stolen in fraudulent benefit payments.

 

 

 

Seems criminal behaviour is happening in the cesspit its going to fester and brew up one loud strong last orders please

[1971fozzy]

And Ron the Con was there as well today.

sell the land Ronny. Sell the land 😂😂

[TypoonJambo]

Beep beep, ha ******* ha!!!! 

[WorldChampions1902]

13 minutes ago, been here before said:

Just a few from the last page of their match thread...

 

 

Willis1875 03:58 PM Today 

We need to get shot pronto, too many goals are being conceded and nobody looks like they are enjoying it out there. Brutal

 

 

HIBERNIAN-0762 03:58 PM Today 

Disgraceful performance and the players look totally knackered. Heck out before it gets any worse, clearly a manager that simply doesn't know what he's doing.

 

 

TheReg! 04:00 PM Today

Originally Posted by The Harp Awakes:
Think it will be sooner. Shocking subs. Don't think he's got a clue. Out of his depth.

I think he does have a clue but he just doesn’t fit Hibs unfortunately, I’ll give it till the end of Sep.

 

Squirrel 1875 04:00 PM Today

It just keeps getting better. Another awful performance where an average St Johnstone side has pinned us back for the majority of the game. Heckingbottom’s tactical change midway through the second half has to have been the most bizarre thing I’ve seen, unbelievably brutal. 

If this is what we have to put up with this season, then it really is going to be unbearably long. I still can’t believe some people out there are actually still feeling positive about this clown.

 

Squirrel 1875 04:00 PM Today

Originally Posted by Speedway:
A manager has to galvanise the fans and get them on side.

W 1 D 1 L 1 with insipid performances in all games is not the way to do it.

10 points out of his last 30 available. Relegation form.

 

"Heckys ASLEEP at the wheel...."

FTFY

13 minutes ago, been here before said:

 

 

 

 

 

 

 

 

 

[rudi must stay]

90 + 4

 

That's got to hurt

[Rudy T]

Just now, rudi must stay said:

90 + 4

 

That's got to hurt

 

Commonly know as Graeme Weir Time!

[RobNox]

17 minutes ago, been here before said:

"Heckys at the wheel...."

 

Beep Beep!!

[AJAMBO]

6 minutes ago, RobNox said:

 

Beep Beep!!

To the song Fashion David Bowie.

We hate the f.....g hibees

beep beep

Edited August 24, 2019 by AJAMBO

[JackLadd]

Hecky must stay. 

[1971fozzy]

 

[Salad Fingers]

34 minutes ago, been here before said:

Just a few from the last page of their match thread...

 

 

Willis1875 03:58 PM Today 

We need to get shot pronto, too many goals are being conceded and nobody looks like they are enjoying it out there. Brutal

 

 

HIBERNIAN-0762 03:58 PM Today 

Disgraceful performance and the players look totally knackered. Heck out before it gets any worse, clearly a manager that simply doesn't know what he's doing.

 

 

TheReg! 04:00 PM Today

Originally Posted by The Harp Awakes:
Think it will be sooner. Shocking subs. Don't think he's got a clue. Out of his depth.

I think he does have a clue but he just doesn’t fit Hibs unfortunately, I’ll give it till the end of Sep.

 

Squirrel 1875 04:00 PM Today

It just keeps getting better. Another awful performance where an average St Johnstone side has pinned us back for the majority of the game. Heckingbottom’s tactical change midway through the second half has to have been the most bizarre thing I’ve seen, unbelievably brutal. 

If this is what we have to put up with this season, then it really is going to be unbearably long. I still can’t believe some people out there are actually still feeling positive about this clown.

 

Squirrel 1875 04:00 PM Today

Originally Posted by Speedway:
A manager has to galvanise the fans and get them on side.

W 1 D 1 L 1 with insipid performances in all games is not the way to do it.

10 points out of his last 30 available. Relegation form.

 

"Heckys at the wheel...."

 

 

 

 

 

 

 

 

 

"I think he does have a clue but he just doesn’t fit Hibs unfortunately, I’ll give it till the end of Sep." 

 

No, he very much DOES fit Hibs. 

[Tatlock]

Hecky’s at the wheel

hecky’s at the wheel

hecky’s at the wheel

beep beep now yah b******s

 

to the tune of skip to ma loo 

[Dandyman79]

4 minutes ago, Tatlock said:

Hecky’s at the wheel

hecky’s at the wheel

hecky’s at the wheel

beep beep now yah b******s

 

to the tune of skip to ma loo 

I'd say to who eat all the pies would work,  with beep beep crash, beep beep crash hecky's at the wheel

[Swanny17]

Hibs are shite, in everything they do. 

 

Shite team.

Shite manager.

Shite owner.

Shite stadium.

Shite cow barn.

Shite Ponzy scheme.

Shite fans.

Shite derby record.

Shite songs.

Shite strip.

Shite sponsors.

SHITE SHITE SHITE.

 

👍

 

[Morgan]

10 minutes ago, Dandyman79 said:

I'd say to who eat all the pies would work,  with beep beep crash, beep beep crash hecky's at the wheel

 

[Morgan]

8 minutes ago, Swanny17 said:

Hibs are shite, in everything they do. 

 

Shite team.

Shite manager.

Shite owner.

Shite stadium.

Shite cow barn.

Shite Ponzy scheme.

Shite fans.

Shite derby record.

Shite songs.

Shite strip.

Shite sponsors.

SHITE SHITE SHITE.

 

👍

 

They’re pretty shite, eh?

 

[Swanny17]

2 minutes ago, Morgan said:

They’re pretty shite, eh?

 

 

I was getting arthritis in my fingers, that’s the only reason I didn’t continue. 😂

[Fort Vallance]

1 hour ago, Deevers said:

Spot on. The old adage about fools and their money rings true here.

Just a thought. Clearly there are confidentially issues in any form of business / takeover etc. So their club had no duty to keep HSL informed. But it actually looks like they've been deliberately kept in the dark. The difference between FOH & HSL is night and day.

[Morgan]

1 minute ago, Swanny17 said:

 

I was getting arthritis in my fingers, that’s the only reason I didn’t continue. 😂

When I heard about the late equaliser, I got cramp in my wrist.

 

I wasn’t typing at the time too.  

[gjcc]

Just now, Fort Vallance said:

Just a thought. Clearly there are confidentially issues in any form of business / takeover etc. So their club had no duty to keep HSL informed. But it actually looks like they've been deliberately kept in the dark. The difference between FOH & HSL is night and day.

 

Which makes Dempsters position untenable surely? Has a position on both boards so can’t act in best interests of both sides. 

[Fort Vallance]

5 hours ago, jonnothejambo said:

 

Also the first team to wish their team had scored one less in their marquee game so they could do the gesture with one hand.

[gjcc]

2 minutes ago, Morgan said:

When I heard about the late equaliser, I got cramp in my wrist.

 

I wasn’t typing at the time too.  

 

Was on a walk around Arthur’s seat and heard the cheers as their first went in. Sadly wasn’t at the right side to hear the boos at 94 minutes.  

[TheOak88]

Would love if it was is beating them at ER next month that put the nail in Heckys coffin. 

 

[Swanny17]

6 minutes ago, Morgan said:

When I heard about the late equaliser, I got cramp in my wrist.

 

I wasn’t typing at the time too.  

 

 

[kimosavi]

He has lost the fans 

 

Shreeeee year deal too 

 

This could get messy 

 

Canny wait 

[BelgeJambo]

Hibs have announced a three-way joint shirt sponsorship deal with an oil company, a designer clothing brand and a parcel delivery firm. 

Total fcuk UPS

 

ah the old yins

[been here before]

5 minutes ago, kimosavi said:

He has lost the fans 

 

Shreeeee year deal too 

 

This could get messy 

 

Canny wait 

 

Biiiiiig time...

 

 

"Enough is Enough"